Category Archives: Sheldon Adelson

Bad news for Adelson; Wynn OK’d

Posted on December 17, 2013 by David McKee

I don’t know if Sheldon Adelson deserves the credit, but it looks like his anti-Internet-casino jihad has driven Big Gaming closer together. Wynn Resorts and Station Casinos and Churchill Downs have all joined the American Gaming Association. AGA prexy Geoff … Continue reading →

Posted in Atlantic City, Colony Capital, Geoff Freeman, International, Internet gambling, Massachusetts, MGM Mirage, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn | Comments Off

Hasta la vista, EuroVegas

Posted on December 13, 2013 by David McKee

His demands having been rejected by the Spanish government, Sheldon Adelson has renounced EuroVegas, his $30 billion grand folly of 12 hotels, six casinos and 18,000 slots in Spain. Considering his hard-nosed stance that the company only concentrate on projects … Continue reading →

Posted in Greenwood Racing, International, Japan, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Sheldon Adelson, Wall Street | Comments Off

Fertitta’s luck; The big get bigger; Tribes in cyberspace

Posted on December 12, 2013 by David McKee

Congratulations to Tilman Fertitta, just named Gaming Executive of the Year by Casino Journal magazine. “Fertitta, owner of Golden Nugget casinos, has accomplished something few gaming executives can claim these days—founding and expanding a U.S.-based casino company in the midst … Continue reading →

Posted in Cannery Casino Resorts, Internet gambling, Pennsylvania, Regulation, Sheldon Adelson, Slot routes, Tilman Fertitta, Tribal | Comments Off

Adelson’s bogus poll & other fun with numbers

Posted on December 6, 2013 by David McKee

To hear Sheldon Adelson tell it, 70% of Americans share his die-hard opposition to Internet gambling. He even bought a poll from The Tarrance Group to prove its point. Unfortunately for the Sultan of Sands, the monarch has no clothes. … Continue reading →

Posted in Alabama, Atlantic City, Cretins, Economy, Greenwood Racing, Harrah's, Internet gambling, Kentucky, Massachusetts, MGM Mirage, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, Tribal | 1 Comment

Imbalances of power; Vegas to Israel?

Posted on December 6, 2013 by David McKee

It was another bonny month for Maryland, whose casino revenues grew 55% in November, up to $67 million. It’s not an apples/apples comparison, since neither Rocky Gap Casino nor table games were in play a year ago. Tables were responsible … Continue reading →

Posted in Charity, Cordish Co., Economy, Greenwood Racing, Harrah's, Illinois, Macau, Maryland, Melco Crown Entertainment, MGM Mirage, Neil Bluhm, Penn National, Pets, Sheldon Adelson, Stanley Ho, Steve Wynn | Comments Off

Dancing at the Downs; Sheldon Adelson, Luddite

Posted on December 3, 2013 by David McKee

Suffolk Downs isn’t going to have to perform the limbo to bring its casino project into zoning conformity but some fancy footwork will be required. Instead of one structure, there will have to be two. Non-gaming amenities will be clustered … Continue reading →

Posted in Bally Technologies, Current, Harrah's, IGT, Internet gambling, Massachusetts, Mohegan Sun, Regulation, Sam Nazarian, Sheldon Adelson, Technology | Comments Off

Online gambling a hit in New Jersey; Crackdown in Singapre

Posted on December 3, 2013 by David McKee

Despite some small fits and starts, New Jersey was able to roll out Internet gambling to eager Garden State citizens and with no major issues. Moody’s Investor Service predicted $250 million-$500 million in revenues during the first year, while Gov. … Continue reading →

Posted in Atlantic City, Harrah's, Internet gambling, MGM Mirage, Sheldon Adelson, Singapore, Steve Wynn, Tilman Fertitta | Comments Off

Hacienda gets the Dotty’s treatment; Mohegan gets the heck out

Posted on November 25, 2013 by David McKee

When the Dotty’s slot-cafe chain decided to go ‘legit’ by purchasing the Hacienda hotel-casino near Boulder City, it meant some big surprises. For one thing, all employees found themselves without jobs. Dotty’s used the federal WARN Act to pink-slip the … Continue reading →

Posted in Internet gambling, Massachusetts, Mohegan Sun, New Hampshire, New York, Regulation, Sheldon Adelson, Slot routes | Comments Off

Freeman vs. Adelson; Kentucky tries again

Posted on November 21, 2013 by David McKee

In a particularly stunning departure from American Gaming Association tradition, new prexy Geoff Freeman took a jab at Las Vegas Sands CEO Sheldon “Nuke ‘Em” Adelson in the pages of USA Today. Of course, Freeman didn’t mention Adelson explicitly. But … Continue reading →

Posted in Atlantic City, Columbia Sussex, Harrah's, Internet gambling, Kentucky, Marketing, New York, Penn National, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Taxes | Comments Off

Discord over Macao, harmony at MGM

Posted on November 21, 2013 by David McKee

If there’s anything murkier than the gambling subculture of Macao, it’s the report on same issued by U.S.-China Economic Security Review Commission. Its conclusion that money laundering “might be out there” won’t come to a shock to anyone. U.S. casino companies … Continue reading →

Posted in Culinary Union, Current, Macau, MGM Mirage, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Wall Street | Comments Off

SLS arises, Adelson attacks and Atlantic City fights back

Posted on November 20, 2013 by David McKee

“Will the change the game for the north Strip?” So asks the Las Vegas Sun. One could just say “no” and leave it at that, but there’s no getting around that SLS Las Vegas will be in a, um, challenged … Continue reading →

Posted in Atlantic City, Illinois, Internet gambling, Macau, Sheldon Adelson, Technology | Comments Off

Case Bets: Scientific, Japan, Pennsylvania, Arizona

Posted on November 19, 2013 by David McKee

Happy trails to Scientific Games CEO Lorne Weil, who got the axe this morning. He was immediately replaced by former Revlon CEO David L. Kennedy. Revlon ower Ronald Perelman takes over as CEO. Kennedy isn’t a newcomer to Scientific: He … Continue reading →

Posted in Arizona, Cannery Casino Resorts, Current, Greenwood Racing, Harrah's, Isle of Capri, Japan, Neil Bluhm, Pennsylvania, Scientific Games, Sheldon Adelson, Tribal, Wall Street | Comments Off

Penn overboard!; Macao’s zenith

Posted on November 7, 2013 by David McKee

First the good news about Ohio: Gambling revenue was up 47% last month. Now, the bad news. One a same-store basis it was down 2% year/year. Who knew the Buckeye State would get saturated so quickly? The statewide gross was … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Dan Gilbert, Delaware, Economy, Harrah's, Illinois, Internet gambling, Macau, Melco Crown Entertainment, MGM Mirage, Missouri, MTR Gaming, Neil Bluhm, Ohio, Penn National, Racinos, Sheldon Adelson, Stanley Ho, Station Casinos, Tourism, Wall Street | 1 Comment

Caesars to Empire State; Colony to Chapter 11

Posted on November 7, 2013 by David McKee

When Caesars Entertainment made a discreet donation to the pro-casino campaign in New York State, we should have known that something was up. Sure enough, state Sen. John Bonacic (R) says Caesars is interested in a Sullivan County casino. Then … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Dan Lee, Donald Trump, Foxwoods, Harrah's, MGM Mirage, New York, Pennsylvania, Pinnacle Entertainment, Racinos, Sheldon Adelson, Wall Street | 1 Comment

Sheldon covets Florida … again

Posted on November 5, 2013 by David McKee

It wouldn’t be a week in the gaming industry if Sheldon Adelson didn’t manage to bigfoot one issue or another. This time it’s Florida, where the Legislature is in the preliminary throes of grappling with casino expansion once again. Adelson … Continue reading →

Posted in Florida, Macau, MGM Mirage, Neil Bluhm, Pennsylvania, Politics, Problem gambling, Sheldon Adelson, Taxes | Comments Off

Big win for Wynn; Murren in the spotlight; Lies, damned lies and Sheldon Adelson

Posted on November 1, 2013 by David McKee

In a disappointing but entirely predictable result, the Nevada Supreme Court ruled that Nevada law permits employers to confiscate and redistribute tips received by employees (euphemistically referred to as “tip sharing”). Now, if a I stuck a gun in your … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Florida, Harrah's, Marketing, Massachusetts, MGM Mirage, New York, Palms, Pennsylvania, Revel, Sheldon Adelson, Sports, Steve Wynn, The Mob, Tourism | 3 Comments

Falling upward in Nevada; MGM: The Lion meows

Posted on October 31, 2013 by David McKee

Helped by a wee bit of late-August slot revenue, Nevada posted a 7% revenue gain this month, for a $959 haul. The Strip performed spectacularly, up 13%, and Downtown edged 2% higher. Lake Tahoe vaulted 23% but Reno fell off … Continue reading →

Posted in Boulder Strip, CityCenter, Current, Downtown, Lake Tahoe, Laughlin, Macau, Mesquite, MGM Mirage, North Las Vegas, Reno, Sheldon Adelson, The Strip, Tourism, Transportation, Wall Street | Comments Off

Good news, bad news for Suffolk Downs; Wynn shaken down

Posted on October 31, 2013 by David McKee

Congratulations, Suffolk Downs. You’ve been approved as a casino bidder — but the voters might nix the whole shebang. Although Suffolk Downs is bereft of an operator, having given Caesars Entertainment the heave-ho. (The latter remains in deep water, financially, making noises … Continue reading →

Posted in Foxwoods, Hard Rock International, Harrah's, Horseracing, Internet gambling, Massachusetts, Mohegan Sun, Neil Bluhm, Oklahoma, Problem gambling, Regulation, Sheldon Adelson, Steve Wynn, Tribal | Comments Off

Third degree for Cantor; Suffolk moves ahead

Posted on October 29, 2013 by David McKee

Cantor Gaming finds itself in the midst of a giant pincer movement, under investigation by at least five federal agencies and the Nevada Gaming Control Board. When ex-bookie-in-chief Colbert got a slap on the wrist from the feds, I figured … Continue reading →

Posted in Cantor Gaming, Economy, Hard Rock International, Harrah's, Macau, Massachusetts, Neil Bluhm, Regulation, Sheldon Adelson, Steve Wynn | Comments Off

MGM: A class act in Maryland; Sands’ convenient poll

Posted on October 29, 2013 by David McKee

MGM Resorts International‘s presentation last week to the Maryland Video Lottery Terminal Location Commission lacked the smell of fear that Penn National Gaming exuded last week. Alluding to Penn’s offer to forfeit all profits and to creative accounting, MGM CEO Jim … Continue reading →

Posted in Cordish Co., Greenwood Racing, Internet gambling, Maryland, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Uncategorized | Comments Off